inquiries.

"An inquiry indicates when a business, usually a lender, has checked your credit. The inquiries listed here are the number of times in the 12 months prior to the date of this report that a lender has checked your credit at Equifax. Most likely, these inquiries appear because you applied for credit with that lender. Inquiries associated with applying for new credit are typically the only kind of inquiry that will impact your FICO® score."

This appeared on ScoreWatch, so It has me thinking. I know inquiries did not really affect your credit after about 12 months. But do they not show on your reports that creditors pull after 12 months? I know they stay for two years on CR but say I have 20 inquiries in 2012 can I app for different products in 2013 as long as their 12 months apart?]

I am gardening right now, but I was thinking I have to actually wait until 2014 until there is absolutely NO inquiries on my CR at all.... Help

Re: inquiries.

Since I was discharged from bk7 I was thinking about gardening the Capital one Secured and the Orchard that just turned Cap one and waiting each and every inquiry is off my CR. Then go ahead and apply for a good card. Do you think I'd have a chance with Chase or Amex in about 24 months? With my Cap one Secured at 3k? and low balances?

Re: inquiries.

Since I was discharged from bk7 I was thinking about gardening the Capital one Secured and the Orchard that just turned Cap one and waiting each and every inquiry is off my CR. Then go ahead and apply for a good card. Do you think I'd have a chance with Chase or Amex in about 24 months? With my Cap one Secured at 3k? and low balances?

Check out the CC forum. I have no idea. I do know that chase frowns on baddies, but they are easily recon-able.

Re: inquiries.

FICO, through its analysis of risk predictive value, has determined that credit inquiires lose most, if not all, of their value in predicting chance of delinquency after one year.

So they chose to exclude them from scoring at that point.

The CRAs make their own determination of what their clients want to see. The two year credit report inclusion period for inquiries is totally their administrative policy.

Apparently, they feel their clients still want to see inquiries over one year, but have set a two year limit.

The degree to which any creditor or business bases their decision making on inquiries over one year is totally up to them. They are no longer automatic factors due to FICO score exclusion. I would suspect that most creditors, and particularly businesses, that pull a CR take the same general view as FICO. Little risk predictive value in inquiries over one year. However, FICO is a limited analysis, pertaining to risk of delinquency. A creditor might view numerous inquiries as indicative of something else, such as desparation for credit, and give them weight, such as if credit was not approved and the inquiree was a low-market creditor with low qualifications.

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair
organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or
assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.